Toray Industries, Inc., announced on Thursday that Toray Industries (India) Private Limited began manufacturing polyamide (PA) and polybutylene terephthalate (PBT) at a new facility in September. PA and PBT resins offer outstanding toughness and resistance to heat and chemicals. Key applications include components for automotive and electrical and electronic. This first Indian plastic compounding unit … Read more
Nufarm Limited announced on Monday, 30th September it had entered into an agreement to sell its South American crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile to Sumitomo Chemical Company Limited for $1,188 million cash (on a cash-free, debt-free basis and subject to customary net working capital adjustments on completion). Nufarm … Read more
BASF will expand the capacity of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium in line with its customer-focused corporate strategy. The total investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products with an expected investment amount exceeding €500 million ($544 million). “This … Read more